This is the result of a current study by the industry-related economic research institute EcoAustria. There are currently 687 start-ups per million inhabitants in Austria, which corresponds to a place in the middle of the European table. At the top in Europe are the Netherlands and the United Kingdom. In the Netherlands there are 2400 start-ups per million inhabitants, in the UK 1811.
If both countries were used as a benchmark for Austria, there would be significant investment and employment effects, said Eco-Austria President Monika Köppl-Turyna. Using the UK as a benchmark, that would mean an increase of 6,200 new start-ups and 8,000 more employees in Austria in five years. In this scenario, GDP would be 3.8 billion euros higher after ten years due to increased productivity.
Source: Nachrichten
